The most expensive handbag, US$3.8 million

Officially certified by Guinness World Records the Mouawad 1001 Nights Diamond Purse is now the most expensive designer handbag in the world at $3.8 million. The heart-shaped purse is handcrafted from 18kt gold and has 4,517 diamonds (4,356 colorless, 105 yellow, 56 pink) with a total weight of 381.92 carats. It was made by ten artisans who worked on it for a total of 8,800 hours.

Mouawad’s ”1001 Nights Diamond Purse” was on display at the Doha Jewellery and Watches Exhibition, and has set a record as the world’s most expensive handbag.

“The Mouawad 1001 Nights Diamond Purse is designed to mesmerize with its lavish attention to detail and elaborate workmanship incorporating thousands of diamonds,” said Pascal Mouawad, co-guardian of the House of Mouawad, which was founded in 1890.

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